Project Management: Achieving Competitive Advantage, 4e (Pinto)
Chapter 3 Project Selection and Portfolio Management
1) Souder's project screening criterion that indicates an effective model must reflect
organization objectives, including a firm's strategic goals and mission is called:
1. A) Realism.
2. B) Capability.
3. C) Comparability.
4. D) Ease of use.
Answer: A
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
2) Souder's project screening criterion of realism addresses the question:
1. A) How many workers will the project need?
2. B) Will the project work as intended?
3. C) Who are the stakeholders?
4. D) How often should the project team meet?
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
,3) A selection model that is broad enough to be applied to multiple projects has the
benefit of:
1. A) Ease of use.
2. B) Comparability.
3. C) Capability.
4. D) Flexibility.
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Factual
AACSB: Application of Knowledge
4) A project screening criterion that allows the company to compare long-term versus
short-term projects, projects with different technologies, and projects with different
commercial objectives is:
1. A) Flexibility.
2. B) Ease of use.
3. C) Capability.
4. D) Realistic.
Answer: C
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Application
AACSB: Application of Knowledge
5) If a model can be applied successfully by people in all areas and levels of an
organization, it is said to possess the trait of:
, 1. A) Capability.
2. B) Ease of use.
3. C) Flexibility.
4. D) Realism.
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
6) An MBA redesign committee plans to spend a decade traveling the world to
benchmark graduate programs at other universities. Regardless of the screening model
being used, it will suffer from poor performance in the area of:
1. A) flexibility.
2. B) Capability.
3. C) Comparability.
4. D) Cost.
Answer: D
Diff: 1
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
7) Souder's model selection criterion that encourages ease of adaptation to changes in
tax laws, building codes, among others, is called:
1. A) Ease of use.
2. B) Cost.
, 3. C) Capability.
4. D) Flexibility.
Answer: D
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
8) A writer estimates it will take three months to generate spiffy documents to
accompany a seminal work in operations management. He grossly underestimates the
time required and misses his deadline by two months. This estimate was:
1. A) Objective and accurate.
2. B) Subjective and accurate.
3. C) Objective and inaccurate.
4. D) Subjective and inaccurate.
Answer: D
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
9) A wedding planner allows $10,000 for flowers and three weeks to receive all RSVPs
back from the list of 700 guests. Both estimates are correct within a fraction of a
percent. We could describe this factoid as:
1. A) Numeric and subjective.
2. B) Numeric and objective.
3. C) Non-numeric and subjective.
4. D) Non-numeric and objective.
Answer: A
Chapter 3 Project Selection and Portfolio Management
1) Souder's project screening criterion that indicates an effective model must reflect
organization objectives, including a firm's strategic goals and mission is called:
1. A) Realism.
2. B) Capability.
3. C) Comparability.
4. D) Ease of use.
Answer: A
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
2) Souder's project screening criterion of realism addresses the question:
1. A) How many workers will the project need?
2. B) Will the project work as intended?
3. C) Who are the stakeholders?
4. D) How often should the project team meet?
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
,3) A selection model that is broad enough to be applied to multiple projects has the
benefit of:
1. A) Ease of use.
2. B) Comparability.
3. C) Capability.
4. D) Flexibility.
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Factual
AACSB: Application of Knowledge
4) A project screening criterion that allows the company to compare long-term versus
short-term projects, projects with different technologies, and projects with different
commercial objectives is:
1. A) Flexibility.
2. B) Ease of use.
3. C) Capability.
4. D) Realistic.
Answer: C
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Application
AACSB: Application of Knowledge
5) If a model can be applied successfully by people in all areas and levels of an
organization, it is said to possess the trait of:
, 1. A) Capability.
2. B) Ease of use.
3. C) Flexibility.
4. D) Realism.
Answer: B
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
6) An MBA redesign committee plans to spend a decade traveling the world to
benchmark graduate programs at other universities. Regardless of the screening model
being used, it will suffer from poor performance in the area of:
1. A) flexibility.
2. B) Capability.
3. C) Comparability.
4. D) Cost.
Answer: D
Diff: 1
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
7) Souder's model selection criterion that encourages ease of adaptation to changes in
tax laws, building codes, among others, is called:
1. A) Ease of use.
2. B) Cost.
, 3. C) Capability.
4. D) Flexibility.
Answer: D
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
8) A writer estimates it will take three months to generate spiffy documents to
accompany a seminal work in operations management. He grossly underestimates the
time required and misses his deadline by two months. This estimate was:
1. A) Objective and accurate.
2. B) Subjective and accurate.
3. C) Objective and inaccurate.
4. D) Subjective and inaccurate.
Answer: D
Diff: 2
Section: 3.1 Project Selection
LO: 3.1: Explain six criteria for a useful project selection/screen model.
Classification: Concept
AACSB: Application of Knowledge
9) A wedding planner allows $10,000 for flowers and three weeks to receive all RSVPs
back from the list of 700 guests. Both estimates are correct within a fraction of a
percent. We could describe this factoid as:
1. A) Numeric and subjective.
2. B) Numeric and objective.
3. C) Non-numeric and subjective.
4. D) Non-numeric and objective.
Answer: A
